Member Info for sparky333

Was way oversold and a lot of stop losses hit, calculated attack ? Who knows but at least some sanity coming back now to investors.

15k buy @ 560p had no effect on the SP

SP reaction is still in a downward trend and until who every keeps dumping stock we ain’t going anywhere fast. As soon as he has finished this will fly back up but looking at the trades today we still have a dumper

So that a couple of bulky trades gone through, hopefully the seller is done and back to normal routine.

It does smack of timing with the banks **** going on and liquidating of stock across the board.

There loss , our gain and it’s presented a compelling opportunity for new investors at this level.

Did we capitulate yesterday ? Volume today is low compared to Tuesday and Wednesday.

Business booming when all around are issuing profits warning, declining revenues, raising funds etc

YU are none of those and things have never been brighter yet absolutely savaged worse than a company having problems.

Am I worried, hell no because YU is doing pretty good compared to 95% of other companies in the UK.

Fear coupled with the world indices tanking hasn’t helped, the big question is have we hit the bottom because value wise YU is again very cheap and safe.

Bad debt has caused some debate as a contributor to the falling SP, let me stress this is a provision only, some will be bad debt and some won’t so watch out for one off gains in the future.

Testing time but value always wins out in the end

That’s my understanding as well, it’s a provision not actual.

So at some point and high probability some will come back and some will actually be bad debt and written off .

Totally agree, the bad debt was higher than I expected but damned if you do damned if you don’t accounting wise.

YU have learned to be cautious and now being punished for it

Also EPS and cash go through the roof in 2023 and 2024 and that’s without YU hopefully yet again smashing broker targets

No surprised and strong update, bad debt was higher than I expected but in line with the brokers, also the dividend was less than I expected but I hope they put the 18m warchest to good use.

Locked and loaded and ready to read every detail. Good luck as you are now either in or sold today and out

Might well do but if you want to sell a profitable stock that will be on a PE way under 20 crack on because the investors being briefed over the next 3 days some of them will no doubt be buyers

Crazy

Wise words especially as YU about to announce a record year, dividend, great start to 2023 and a very bright future followed by investor roadshows

Chaos and panic being opportunity

Now HSBC have acquired SVB, been a terrible few week for tech with crap results after crap results and massive fraud at Wandico.

All the more reason to be in boring utilities in my mind.

Great words that will soon be set in stone. Facts in one full trading day then the lives start to form for 2023.

Very exciting times ahead especially as economic glooms doesn’t seem to have been as bad as predicted, not that it made any difference to YU other than bad debt provisions which hopefully get confirmed Tuesday as way better than brokers thought

What a funny day so far, this price action is not normal YU action which is rise ahead of results and then sell the news.

Roll on Tuesday so the maths wizards of Gacky and SNN can run the numbers. Personally very excited and maybe some feedback from the 14-16th investor days and clarity on what YUs intentions are for 2023

What will this afternoon bring ?

Amazing really when we already know the results, just not the detail of profit, dividend size etc.

I see another jam tomorrow tech stock failed to impress yet again and down 30% been doing that for years yet investors lap it up after every fall.

Thanks Gacky, I have had no direct sight only what I have seen across the boards.

Fingers crossed it’s rammed with attendees , especially as over 3 days

I am afraid I don’t SNN, but from what a couple of people posted they are for Liberium clients only.